AdvisorCensus / Financial advisors / Minnesota / Minneapolis / Acumen Financial Advisors, LLC
Acumen Financial Advisors, LLC
Filed as ACUMEN FINANCIAL ADVISORS, LLC
Acumen Financial Advisors, LLC is an SEC-registered investment advisory firm in Edina, MN, registered since 2010, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.
Quick answers
From the filingHow is Acumen Financial Advisors, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Acumen Financial Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is Acumen Financial Advisors, LLC located?
Acumen Financial Advisors, LLC's principal office is in Edina, MN, according to its Form ADV.
Is Acumen Financial Advisors, LLC registered with the SEC or a state?
Acumen Financial Advisors, LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 152748.
How much does Acumen Financial Advisors, LLC manage?
Acumen Financial Advisors, LLC reports $465,210,861 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (0% discretionary).
How have Acumen Financial Advisors, LLC's assets and staff changed since 2021?
In the Form ADV data for Acumen Financial Advisors, LLC: Regulatory assets under management: $389,921,383 in the October 2021 data and $465,210,861 in the October 2026 data, up 19%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Acumen Financial Advisors, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (134); individuals (other than high net worth individuals) (86).
Does Acumen Financial Advisors, LLC report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/152748
What changed in Acumen Financial Advisors, LLC's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $403,683,142 to $465,210,861 (+15%). Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated March 30, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$465,210,861 as of October 2026, filing dated March 30, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2010 (16 years)
- Employees
- Total: 5. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
8 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $465,210,861 | 5 | March 30, 2026 |
| October 2025 | $403,683,142 | 5 | March 27, 2025 |
| October 2024 | $390,064,960 | 4 | March 22, 2024 |
| October 2023 | $306,075,007 | 4 | April 30, 2023 |
| October 2022 | $452,702,167 | 6 | March 29, 2022 |
| October 2021 | $389,921,383 | 6 | March 31, 2021 |
Regulatory assets under management: $389,921,383 in the October 2021 data and $465,210,861 in the October 2026 data, up 19%.
Total employees: 6 in October 2021 and 5 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $403,683,142 to $465,210,861 (+15%).
- Updated its list of owners and control persons (Schedule A).
- January 2026
- No longer registered or notice-filed in TX.
- December 2025
- Registered or notice-filed in FL.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.INot reported.
Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Acumen Financial Advisors, LLC (CRD 152748): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/acumen-financial-advisors-llc-edina-mn-152748